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Oct 27, 2012
10/12
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they voted to extend tax cuts for the wealthy giving $500 trillion tax cut so 120,000 families. lou: that's a lot of money. 500 trillion. you have to love the vice-president, his view on things and, his expression. for a little perspective, the national debt is 16 trillion. we'll just leave it there. my next guest says there is no case on economic grounds to raise taxes. joining me now, senior economic writer for the wall street journal, stephen moore, author of the new book, the truth about opportunity, taxes, and wealth in america. great to have you with us. >> great to be with you. can i say something? this is really the problem in washington. you know, and it's not just joe biden. these politicians can't tell the difference between a billion and a trillion. the the numbers are so big now, everybody's eyes glaze over. a trillion dollars, million illion. all lot of zeros. lou: and you know what, we, like you, cover these big numbers all the time. and i can't blame anyone whose eyes glaze over on these numbers abstraction's beyond mprehension irrespective of who is speaking abo
they voted to extend tax cuts for the wealthy giving $500 trillion tax cut so 120,000 families. lou: that's a lot of money. 500 trillion. you have to love the vice-president, his view on things and, his expression. for a little perspective, the national debt is 16 trillion. we'll just leave it there. my next guest says there is no case on economic grounds to raise taxes. joining me now, senior economic writer for the wall street journal, stephen moore, author of the new book, the truth about...
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Oct 29, 2012
10/12
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FOXNEWSW
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patriotic to pay more taxes, i love what arthur. he was proud to be a tax paying american and he could be just as proud for half of the money. it is not a matter of patriotism for the government to take more and more of what we earn and redistribute it not so much to people who are absolutely desperate and in need. but just to people who kind of like to have what somebody else had. there is no patriotism in that. it is working hard and not expecting our government to do something for us and expecting us to do something for our government. there was a democrat named john f. kennedy. he had it right. ask not what your country can do for you. ask what you can do for your country. the way i was brought up. democrat or republican. that was patriotism. the obama late night talk show mirn tour continued this week the president was on jay leno. >> you know, i was fine with up until about 7th grade. and then malea is a fresh man in high school and i am pretty lost. >> yeah, i know >> it is it tough and fortunately they are great students on
patriotic to pay more taxes, i love what arthur. he was proud to be a tax paying american and he could be just as proud for half of the money. it is not a matter of patriotism for the government to take more and more of what we earn and redistribute it not so much to people who are absolutely desperate and in need. but just to people who kind of like to have what somebody else had. there is no patriotism in that. it is working hard and not expecting our government to do something for us and...
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Oct 27, 2012
10/12
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the initiatives that would push them and dealing with increasing government spending and increasing taxes. that goes to mitt romney's platform. >> all right. ryan, let me talk to you right now. we know the president won colorado in 2008. he gave his accentance speech in denver. let's look at the break down. we have five million people in colorado. 81% white and 4% african-american and 20% latino which is strong support for the president. we don't want to do this along color lines because the president is the president of the united states of america. however, let's look at the demographic break down and tell me, ryan, how you think it plays for the president there in colorado. >> especially with the rising latino electorat in this country, specifically in states like colorado and out west, the bullying of the right wing is coming home to roost for the republican party. opposing a road map to citizenship and standing in the way of the dream act is not the way to win over the vote of new american immigrants most of whom moved here to raise a family in a land of freedom and opportunity. and
the initiatives that would push them and dealing with increasing government spending and increasing taxes. that goes to mitt romney's platform. >> all right. ryan, let me talk to you right now. we know the president won colorado in 2008. he gave his accentance speech in denver. let's look at the break down. we have five million people in colorado. 81% white and 4% african-american and 20% latino which is strong support for the president. we don't want to do this along color lines because...
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Oct 31, 2012
10/12
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FBC
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i am terrified about what is going on happen january 1st, 2013 with tax me geton. people shifted income out of 200013 to 2012 -- 2013 to 2012, it is much worse than it looks, people have made it look better by moving income from 13 to 12. it will be like going off a cliff whether he hit 2013. i am concerned. two candidates differ, dramatically on their economic policies. i think romney is far, far better than obama, obama has made a huge mistake over the last 3 years. lou: and friday, our last reading on unemployment. i don't know -- i don't know if anyone pays attention to these numbers. >> i do. lou: there is some credibility gap i believe. but give us your thoughts. >> you know, numbers have been horrible for the last 36 months, there has been no real recovery in the u.s. we barely kept up with population growth. if the participation rate had not fallen as sharply as we had, unemployment would still be in 12% range. a lot of people out there working, are working but part time instead of full time look they would like. it cannot continue this way very long. this
i am terrified about what is going on happen january 1st, 2013 with tax me geton. people shifted income out of 200013 to 2012 -- 2013 to 2012, it is much worse than it looks, people have made it look better by moving income from 13 to 12. it will be like going off a cliff whether he hit 2013. i am concerned. two candidates differ, dramatically on their economic policies. i think romney is far, far better than obama, obama has made a huge mistake over the last 3 years. lou: and friday, our last...
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Nov 3, 2012
11/12
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FOXNEWSW
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he talked about senate cand date governor romney was opposed to clinton tax increases. listen to where he took that yesterday. at the time the republican congress and a senate candidate by the name of romney. no, no, no. don't boo vote. vote. vote is the best revenge. voting is the best revenge. that is not a thing for the president to say. romney campaign has a new adout that looks as a strange thing for the president to say and an odd reason to vote. mitt romney worked that in new hampshire speech. >> yesterday, the president said something you may have heard by now that surprised a lot of people. speaking to the audience. he said voting is the best revenge. he told supporters voting for revenge. vote for revenge? let me tell you what i would want to tell you. vote for love of country. governor romney will be talking about that the rest of the day . last night a huge rally in westchester, ohio to kick off the final three days of the election. more than 18,000 by local officials count there . governor romney has moved away from all of the christicism of reasons to vote
he talked about senate cand date governor romney was opposed to clinton tax increases. listen to where he took that yesterday. at the time the republican congress and a senate candidate by the name of romney. no, no, no. don't boo vote. vote. vote is the best revenge. voting is the best revenge. that is not a thing for the president to say. romney campaign has a new adout that looks as a strange thing for the president to say and an odd reason to vote. mitt romney worked that in new hampshire...
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Nov 4, 2012
11/12
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does raising taxes put people to work? how about his avalanche of new regulations, did they help small businesses? you see almost eervery measure took hurt the economy, it hurt our fellow americans. you have 23 million americans struggle to go find a good job. one in 6 americans is poor today and the middle class, middle class is being squeezed with lower take home pay and higher prices for gasoline, for health insurance, for food, for clothing. i spoke yesterday with the wife of a 60-year-old man in the prime of his life let me tell you. yeah, exactly. now he has worked for 40 years as a welder. but he just got laid off. she asked me what i could do to help him and them. she made it very clear. he wasn't looking for a government check. he wants a job. the president thinks more government is the answer. no. more good jobs, that's the answer. the question of this election comes down to this. do you want four more years like the last four years or do you want moreal change? president obama promised change but he couldn't del
does raising taxes put people to work? how about his avalanche of new regulations, did they help small businesses? you see almost eervery measure took hurt the economy, it hurt our fellow americans. you have 23 million americans struggle to go find a good job. one in 6 americans is poor today and the middle class, middle class is being squeezed with lower take home pay and higher prices for gasoline, for health insurance, for food, for clothing. i spoke yesterday with the wife of a 60-year-old...
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Oct 29, 2012
10/12
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i think we can go back to the kind of tax rates we had under the clinton administration when the upper income earners were doing well and the entire economy was growing. we will have to make some tough choices. a balanced approach is the only approach i believe will get us there. >> your rebuttal? >> it's amazing to me that you can stand here having voted 4 trillion dollar deficits for the last of four years, the largest, fastest debt increase in american history and say we have to control spending. you've done nothing to control spending over the last four years. with respect to cut, cap, and balance, it's amazing to me that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have, and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and to prioritize things like social security, medicare, and education. that's why i support a balanced budget amendment to the constitution. >> the race to succeed retiring new mexico senator akaka is just one of the key house or senate gove
i think we can go back to the kind of tax rates we had under the clinton administration when the upper income earners were doing well and the entire economy was growing. we will have to make some tough choices. a balanced approach is the only approach i believe will get us there. >> your rebuttal? >> it's amazing to me that you can stand here having voted 4 trillion dollar deficits for the last of four years, the largest, fastest debt increase in american history and say we have to...
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Oct 27, 2012
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gas protest tax obama stunt. if you get there at 7:30 in the morning at the exxon station, you pay 1.84 a gallon, which is the price much gas per gallon when he filled. >> why are they doing that? >> pay attention to the fact that gas prices have doubled under the administration. >> the obama supporters that you talked to, did they -- who do they hold accountable for the skyrocketing gas prices. opec, congress, rich bankers, the oil companies, ceos. a lot of the other people blame everybody. i think what the guy hit it right on the head. he said a lot of people in congress. they don't drive cars. they get picked up in town cars. they don't have to whip out their credit card and see the sticker shock there hasn't been outcry from either party. the republicans have a tendency to be pro business. they are not going to attack the oil companies. the democrats want wind and green energy. >> right. the one guy had the prius. >> bill: there are actually people who want the gas prices to go to $10 a gallon so we wouldn't
gas protest tax obama stunt. if you get there at 7:30 in the morning at the exxon station, you pay 1.84 a gallon, which is the price much gas per gallon when he filled. >> why are they doing that? >> pay attention to the fact that gas prices have doubled under the administration. >> the obama supporters that you talked to, did they -- who do they hold accountable for the skyrocketing gas prices. opec, congress, rich bankers, the oil companies, ceos. a lot of the other people...
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Nov 4, 2012
11/12
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would have had to use to fund education this year and spend that on other projects they want to use tax increase for. >> we stand for school and the future. that's why proposition 30 will have a strong win on tuesday. >> proposition 30 faces challenges from rival proposition 38. >>> fire at an apartment complex has forced ten people out of their homes tonight. fire officials say the damage could have been worse if it weren't for the quick thinking of workers on a nearby barge. this was sent to us by viewers. a barge that was doing some dredging work in the area sprayed water onto the flames until the firefighters arrived. no one was hurt and it was likely sparked by barbecue materials left on the deck overnight. >>> coming up next on nbc bay area news, the giants season may be over but that didn't stop thousands of people from converging in at&t park. 30 lucky fans got their hand s n a piece of history today for free. we'll explain. >>> bars and restaurants are trying to draw in customers without the lure of the nhl. i'll have details on this, coming up. good morning! wow. want to start
would have had to use to fund education this year and spend that on other projects they want to use tax increase for. >> we stand for school and the future. that's why proposition 30 will have a strong win on tuesday. >> proposition 30 faces challenges from rival proposition 38. >>> fire at an apartment complex has forced ten people out of their homes tonight. fire officials say the damage could have been worse if it weren't for the quick thinking of workers on a nearby...
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Oct 28, 2012
10/12
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tax policy. what would you do? >> i have opposed the czars, but it would be a tempting appointment -- the first thing i would do is make the bush tax brackets permanent so there is long-term predictability. then i would go to work to sell to the public the idea that, as ronald reagan said, the federal government has the first lien on productivity and punishes production -- we remove all taxes off of production and put them on consumption. we can transform this policy. that is a piece i have gone around and talked about. i've talked about it each year i have been in congress. i asked mrs. vilsack to debate that with me, but i did not get an invitation. >> i would also like you to respond to that and outline what tax policy would implement. >> it would not be the fair tax. i do not think there is anything fair for the middle- class about a fair tax. basically, when i went to the grocery store this morning i bought milk for $3.55. if i had to pay 23% of every gallon of milk, 22% sales tax every time i bought a car sea
tax policy. what would you do? >> i have opposed the czars, but it would be a tempting appointment -- the first thing i would do is make the bush tax brackets permanent so there is long-term predictability. then i would go to work to sell to the public the idea that, as ronald reagan said, the federal government has the first lien on productivity and punishes production -- we remove all taxes off of production and put them on consumption. we can transform this policy. that is a piece i...
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itself but i will mention that all of the drug war has been a norm is failure disastrous ways of our tax dollars at an ever expanding prison industrial complex but it's begun to condition american to a life under surveillance just on monday a federal judge ruled that under the right circumstances surveillance cameras can be placed on private property without a warrant we in this country have moved in a survey on state or more accurately the surveillance state has moved into this country where our rights freedoms and privacy are systematically being taken away all the name of protecting our way of life time to wake up folks the only thing threatening our way of life is the loony nanny state it self that will stop at nothing but you and me under the thumb of it's control time to stand up speak out and break the set. so guys we're now less than a week away from the presidential election so let's talk about something that time again being left out of the conversation voter fraud and no i'm not talking about voting under someone else's identity rather i'm talking about the actual rigging of t
itself but i will mention that all of the drug war has been a norm is failure disastrous ways of our tax dollars at an ever expanding prison industrial complex but it's begun to condition american to a life under surveillance just on monday a federal judge ruled that under the right circumstances surveillance cameras can be placed on private property without a warrant we in this country have moved in a survey on state or more accurately the surveillance state has moved into this country where...
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Oct 27, 2012
10/12
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we lowered taxes 19 times. we had school choice. we worked to move our state business friendly and it moved up 20 places in job growth. we turned a $3 billion into a $2 billion fund. i know it because i've seen it. good democrats can come together with good republicans to solve problems. what we need is leadership to make that happen. [applause] america is ready for that kind of leadership. paul ryan and i will provide it. our plan for a stronger middle class will create jobs, stop the decline in take home pay and put america back on the path of prosperity and opportunity. this will enable us to fulfill our responsibility as the leader in the free world. we'll help the muslim world combat the spread of extremism. we'll present iran from building a nuclear bomb. we'll partner with china and other great nations to build a more peaceful world. we face big challenges, but we also have big opportunities. new doors have been opened to us to sell new products around the world. new technologies offer the promise of unbound invasion. new ide
we lowered taxes 19 times. we had school choice. we worked to move our state business friendly and it moved up 20 places in job growth. we turned a $3 billion into a $2 billion fund. i know it because i've seen it. good democrats can come together with good republicans to solve problems. what we need is leadership to make that happen. [applause] america is ready for that kind of leadership. paul ryan and i will provide it. our plan for a stronger middle class will create jobs, stop the decline...
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Oct 27, 2012
10/12
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we are a tax reform away. we are regulatory reform away and repeal and replacement of obama care away? -- away. we are a pro american energy away. we are a romney president away from a american century. [applause] and that is just not important because we love our country, that is important because when american. when america's light is diminished the world will be worse off for it. and the fact that america is a strong military power and short safety and navigation of the seas there. is a reason why china is investing mon nerockets to attack our ships and the reason why they are building their own aircraft carriers and other counselries are increasing their military power. the world is dangerous place. it needs a strong america more than it has before. [applause] but we also, we also need a stronger economy and there is no reason why we can't have one. we are a pro-american energy policy from a renaissance in american manufacturing and that's what mitt romney will do. [applause] if we can have tax reform, jus
we are a tax reform away. we are regulatory reform away and repeal and replacement of obama care away? -- away. we are a pro american energy away. we are a romney president away from a american century. [applause] and that is just not important because we love our country, that is important because when american. when america's light is diminished the world will be worse off for it. and the fact that america is a strong military power and short safety and navigation of the seas there. is a...
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Oct 30, 2012
10/12
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reduction tax. i was curious. when you really look at that, what we're doing there with the people that helped, needed help, i agree, and the reason those people needed help is because congress for years now has not had the backbone and the leadership to get the hard decisions made, to get government downsized, get deficit spending stopped and quit borrowing money from china. we have to quit doing that and we've had -- senator, you've been, with all due respect, in the senate for six years and still we do not have an economy that's roaring. we got to do that and we still have this huge, huge deficit spending. but the fiscal cliff, bottom line, has been caused by lask leadership in the former congresses and we keep just wasting the type and the american people are needing jobs and my opponent here has not come forward with a plan. i come forward with plain on how to grow this economy, a five-step plan and it involves, end deficit spending, get the tax code simplified, where it will eliminate all the
reduction tax. i was curious. when you really look at that, what we're doing there with the people that helped, needed help, i agree, and the reason those people needed help is because congress for years now has not had the backbone and the leadership to get the hard decisions made, to get government downsized, get deficit spending stopped and quit borrowing money from china. we have to quit doing that and we've had -- senator, you've been, with all due respect, in the senate for six years and...
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Oct 27, 2012
10/12
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CNN
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they don't want to hear tax cuts or 1 million more manufacturing jobs, they want to know specifically how you're going to do it. from mitt romney, they want to see the math, and from barack obama they want to see, hey, you couldn't do this for the last two years, you did say it was because of congress, but what happens if you end up with the exact same congressional makeup? what will you do differently now that you didn't do before? >> miguel, you're in colorado, where the unemployment rate is higher than the national average, 8%. you were just in my home state of iowa where the rate is 5.2%. on paper people in iowa should be less worried about unemployment than people in colorado. but you know what, all across these swing states, people are worried about opportunity, they're worried about future jobs and the quality of jobs they have right now. >> oh, absolutely. the big thing, sort of what ali was talking about, politics are emotional. what people can't see is what the future is. they can't see where barack obama's going to take the nation, they can't see exactly where mitt romney's
they don't want to hear tax cuts or 1 million more manufacturing jobs, they want to know specifically how you're going to do it. from mitt romney, they want to see the math, and from barack obama they want to see, hey, you couldn't do this for the last two years, you did say it was because of congress, but what happens if you end up with the exact same congressional makeup? what will you do differently now that you didn't do before? >> miguel, you're in colorado, where the unemployment...
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Oct 31, 2012
10/12
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/tax >> there's some good ones, too. so i don't want to be overly gloomy. i mean, secrets can be good, but they have to be tightly protect it. i've seen some covert action programs is no matter how corporate and in the outcome the week. >> the truth will out no matter what, so you may as well control outcomes up. >> madness especially. bad news always comes out. >> so i guess the follow-up question to get to the remedy is if you were back in the situation that would've worked well, what message? would just be one to say in a certain context? do you need some kind of normal -- normalized wave going to congress if it's an itu? i mean, what is the mechanism you think would've made it right? >> well, i'm anachronistic trade. the fbi is much better at this, always has been, about presenting the public fees. what the public gets about the agency is the movies and the spy novels. i always thought the agency, and this to me is an optimal movement to it. cia directors, for instance, frequent press interviews. you can go on, face the nation in a public space. and exp
/tax >> there's some good ones, too. so i don't want to be overly gloomy. i mean, secrets can be good, but they have to be tightly protect it. i've seen some covert action programs is no matter how corporate and in the outcome the week. >> the truth will out no matter what, so you may as well control outcomes up. >> madness especially. bad news always comes out. >> so i guess the follow-up question to get to the remedy is if you were back in the situation that would've...
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Nov 2, 2012
11/12
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another 5 trillion-dollar tax cut that favors the wealthy is not change. refusing to answer questions about the details of your policies until after the election? not change. megyn: and there you have it the president live in springfield, ohio. it is an interesting juxtaposition, mitt romney arguing that he's the candidate of change which of course was barack obama's mantra four years ago but has become a legitimate debate in this campaign about who really is going to bring change to washington, who can bring change to washing tonight. the president's remarks will be streaming live on foxnews.com if you'd like to listen to them in their entirety. and we'll continue to watch the candidates, it's no accident he's in ohio. it could all come down to ohio although the romney camp says it has a back up plan that they believe is more and more viable as they inch closer to tuesday. they believe they can get mitt romney into the white house even absent ohio but they sure would like to have it. in any event i want to get back to the news now, as we mentioned a momen
another 5 trillion-dollar tax cut that favors the wealthy is not change. refusing to answer questions about the details of your policies until after the election? not change. megyn: and there you have it the president live in springfield, ohio. it is an interesting juxtaposition, mitt romney arguing that he's the candidate of change which of course was barack obama's mantra four years ago but has become a legitimate debate in this campaign about who really is going to bring change to...
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Oct 28, 2012
10/12
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speaking in new hampshire the president criticized his public challenger for raising taxes and fees while governor of massachusetts. romney said this is not a time to divide the country or did i monize opponents but build bridges to the other party. >> in indonesia, a terrorist attack. police have arrested 11 people said to be islamic militants planning a range of attacks including the u.s. and australian embassies. a police spokesperson says they is a seized bombs, explosive material and a bomb making manual. it's unclear how far the plans had advanced. now back to justice with judge jeanine. they caught it. now, let's get you back to "justice." >> judge jeanine: this is a fox news weather alert. hurricane sandy bearing down on the east the coast in what some are predicting as the perfect storm. maria is in the fox extreme weather center. >> tracking sandy which is still a hurricane with maximum sustained winds of 725 miles per hour. one of -- 75 miles per hour. tropical storm force winds that extend outwards up to 520 miles. hurricane force winds extend out from the center over 100 mile
speaking in new hampshire the president criticized his public challenger for raising taxes and fees while governor of massachusetts. romney said this is not a time to divide the country or did i monize opponents but build bridges to the other party. >> in indonesia, a terrorist attack. police have arrested 11 people said to be islamic militants planning a range of attacks including the u.s. and australian embassies. a police spokesperson says they is a seized bombs, explosive material and...
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.$3 billion of federal income tax. 8.65 billion of taxes but the total bill over $24 billion. 2.5 times more than what it kept and profits. the treasury market caution ahead of the unemployment report with the yield rising at 1.7%. the stock market back in business after hurricane sandy. the victory lap that bot candidates took yesterday may have been far too early especially new jersey and new york struggling to restore power. working hard to get recovery efforts they would like help but essential services, food shortages, polluted drinking water. the pictures of themselves slapping each other on the back is not appreciated by those who have yet to see any evidence of what they are deprived of. the death toll has risen at 88 homes and businesses remain without power. yorkers have some relief as some sections of the subway system resumed but commuters are still struggling with limited service. automobile travel still a nightmare the major tunnels are still closed the airports are operating at reduced capacity. with those hardest hit areas limited by supplies and and no electrical power.
.$3 billion of federal income tax. 8.65 billion of taxes but the total bill over $24 billion. 2.5 times more than what it kept and profits. the treasury market caution ahead of the unemployment report with the yield rising at 1.7%. the stock market back in business after hurricane sandy. the victory lap that bot candidates took yesterday may have been far too early especially new jersey and new york struggling to restore power. working hard to get recovery efforts they would like help but...
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Nov 4, 2012
11/12
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. >> stop cap and tax! stop cap and tax. >> meanwhile, across the country, a new political force was mobilizing, the tea party movement, who aimed to push the government further to the right. >> stop spending money, now. >> in the 2010 midterm elections, the republicans, many backed by the tea party, won the house and weakened the democrats in the senate. most of these freshman came to washington now, not to meet and negotiate, but to demolish a government they saw as bloated, rotten, tyrannical. >> the reason we came here, the new freshman are here, is because the american people said, enough. >> can you hear us now? can you hear us now? >> sometimes the opposition to the president took an uglier, even racist tone. false claims first heard during the campaign reemerged, questioning obama's religion, denying he was born in the country. >> he is not an american citizen! he is a citizen of kenya! >> did it surprise you that at this point in our history, they would try to de-americanize this guy? did it surpri
. >> stop cap and tax! stop cap and tax. >> meanwhile, across the country, a new political force was mobilizing, the tea party movement, who aimed to push the government further to the right. >> stop spending money, now. >> in the 2010 midterm elections, the republicans, many backed by the tea party, won the house and weakened the democrats in the senate. most of these freshman came to washington now, not to meet and negotiate, but to demolish a government they saw as...
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Oct 31, 2012
10/12
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tax policy. what would you do? >> i have opposed the czars, but it would be a tempting appointment -- the first thing i would do is make the bush tax brackets permanent so there is long-term predictability. then i would go to work to sell to the public the idea that, as ronald reagan said, the federal government has the first lien on productivity and punishes production -- we remove all taxes off of production and put them on consumption. we can transform this policy. that is a piece i have gone around and talked about. i've talked about it each year i have been in congress. i asked mrs. vilsack to debate that with me, but i did not get an invitation. >> i would also like you to respond to that and outline what tax policy would implement. >> it would not be the fair tax. i do not think there is anything fair for the middle- class about a fair tax. basically, when i went to the grocery store this morning i bought milk for $3.55. if i had to pay 23% of every gallon of milk, 22% sales tax every time i bought a car sea
tax policy. what would you do? >> i have opposed the czars, but it would be a tempting appointment -- the first thing i would do is make the bush tax brackets permanent so there is long-term predictability. then i would go to work to sell to the public the idea that, as ronald reagan said, the federal government has the first lien on productivity and punishes production -- we remove all taxes off of production and put them on consumption. we can transform this policy. that is a piece i...